Terreno Realty Corporation (TRNO)
Market Cap | 6.10B |
Revenue (ttm) | 365.40M |
Net Income (ttm) | 165.21M |
Shares Out | 99.74M |
EPS (ttm) | 1.79 |
PE Ratio | 34.18 |
Forward PE | 41.72 |
Dividend | $1.88 (3.07%) |
Ex-Dividend Date | Dec 13, 2024 |
Volume | 979,097 |
Open | 61.83 |
Previous Close | 61.31 |
Day's Range | 61.15 - 62.33 |
52-Week Range | 53.78 - 71.63 |
Beta | 0.91 |
Analysts | Hold |
Price Target | 67.11 (+9.64%) |
Earnings Date | Feb 5, 2025 |
About TRNO
Terreno Realty Corporation (“Terreno”, and together with its subsidiaries, the “Company”) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Northern New Jersey/New York City; Los Angeles; Miami; San Francisco Bay Area; Seattle and Washington, D.C. All square feet, acres, occupancy and number of properties disclosed in these condensed notes to the consolidated financial statements are unaudited. As of September 30, 2024, the Company owned 294 buildings (including two properties consisting of three buildings he... [Read more]
Financial Performance
In 2023, Terreno Realty's revenue was $323.59 million, an increase of 17.15% compared to the previous year's $276.21 million. Earnings were $150.75 million, a decrease of -23.54%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for TRNO stock is "Hold." The 12-month stock price forecast is $67.11, which is an increase of 9.64% from the latest price.
News
Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in South San Francisco, CA for $8.0 Million.
California REITs see rating upgrades in the wake of fires
CNBC's Diana Olick reports on REIT performance post-California wildfires.
5 Signs Of Unmatched Quality In Terreno Realty
Terreno's insider ownership, strategic property locations, and low leverage set it apart, with management demonstrating excellent capital allocation and property flipping skills. Terreno's valuation, ...
Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $16.9 Million.
Terreno Realty Corporation Announces Quarterly Operating, Investment and Capital Markets Activity
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE:TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced today its operating, in...
REITs Say 'Good Riddance' To 2024
U.S. equity markets sputtered in a choppy final week of 2024 as investors returned from the holidays with trepidation following the best two-year run for the S&P 500 since 1997-1998. The S&P 500 finis...
Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Queens, NY for $50.1 Million.
Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Doral, FL for $195.6 Million.
Terreno Realty Corporation Announces Completion of Redevelopment in Rancho Dominguez, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Completion of Redevelopment in Rancho Dominguez, CA.
Terreno Realty Corporation Announces Lease in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Hialeah, FL.
Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Brooklyn, NY, for $156.3 Million.
Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Newark, NJ for $29.8 Million.
Sector Spotlight: Industrial REITs - Still A Real Estate Darling?
The industrial REIT sector has seen significant price corrections due to changing macroeconomic factors, making current pricing more investible. Investor enthusiasm has waned, reflected in falling AFF...
Apollo Global Management and Workday Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
NEW YORK , Dec. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of tr...
Terreno Realty Corporation Acquires Property in Long Island City Queens, NY for $7.6 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Acquires Property in Long Island City Queens, NY for $7.6 Million.
12 REITs Poised For Potential Outperformance
As REIT prices rise, high-yield opportunities dwindle, making this a good time to focus on dividend growth for better long-term returns. Dividend growth stocks, despite lower initial yields, can surpa...
Terreno Realty: Mixed Signals
Terreno Realty shifted focus from nominal growth to deleveraging, raising questions about internal valuation. The company has a distinguished and so far successful long-term investment philosophy. Des...
Terreno Realty Corporation Announces Lease in Avenel, NJ
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease in Avenel, NJ.
Terreno Realty Corporation Sells Property in Doral, FL, for $20.6 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Doral, FL, for $20.6 Million.
Terreno Realty Corporation Announces Development Completion in Hialeah, FL
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Development Completion in Hialeah, FL.
Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Redevelopment Completion in Hawthorne, CA.
Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Sells Property in Union City, CA for $13.0 Million.
Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Announces Lease Renewal in Jamaica Queens, NY.
Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements
BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation Declares Quarterly Dividend, Announces New Stock Repurchase Program and Files Third Quarter 2024 Financial Statements.